SEBI Directs AMCs to File all Final Offer Documents in Digital Format
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- By Chetan Kulasri
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- Last Updated on 27 April, 2023
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Circular No. SEBI/HO/IMD/IMD-RAC-2/P/CIR/2023/60, Dated: 25.04.2023
The SEBI has directed all Asset Management Companies (AMCs) to file their final offer documents in digital form only by emailing the same to a dedicated email address i.e., imdsidfiling@sebi.gov.in and there would be no requirement of filing physical copies of the same with SEBI.
Further, in order to protect the interests of investors in the securities market, SEBI has decided that all new fund offers (“NFOs”) shall remain open for subscription for a minimum period of three working days.
The provisions of this circular shall be applicable with effect from 01.05.2023.
Click Here To Read The Full Circular
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